The board of directors of China Oil Gangran Energy Group Holdings Limited announced that Mr. Yeung Shing Wai has been appointed as an executive Director; Mr. Chu Kin Ming has been appointed as an independent non-executive Director, the chairman of each of the audit committee of the Company (the "Audit Committee") and the nomination committee of the Company (the "Nomination Committee") and a member of the remuneration Committee of the Company (the "Remuneration Committee"); and Mr. Chiam Tat Yiu has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee, with effect from 16 February 2020. Following Mr. Chu's appointment as the chairman of the Nomination Committee, Mr. Qin Shihui, an independent non-executive Director, has been re-designated as a member of the Nomination Committee with effect from 16 February 2020. Mr. Yeung, had over ten years of working experience in power and data cord industry. His father is so currently the director and legal representative of certain subsidiaries of the Group. Mr. Chu approximately 20 years of experiences in the field of auditing, accounting, management and company secretarial matters. He is currently the company secretary of Sino-Life Group Limited. Mr. Chiam, has extensive experience in finance and accounting. Mr. Chiam is a fellow member of The Hong Kong Institute of Certified Public Accountants and a member of The Association of Chartered Certified Accountants.